Omeros (OMER) director Thomas J. Cable granted 15,000 stock options as annual pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OMEROS CORP director Thomas J. Cable received a grant of stock options covering 15,000 shares of common stock as board compensation. The options were awarded under the company’s non-employee director compensation policy in connection with the June 18, 2026 annual shareholder meeting.
The options have an exercise price of $10.28 per share and will fully vest on the day before the 2027 annual shareholder meeting, as long as Cable continues to serve as a director through that date. After this grant, he holds 15,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cable Thomas J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 15,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 15,000 shares (Direct, null)
Footnotes (1)
- Pursuant to Omeros Corporation's non-employee director compensation policy, on the date of each annual meeting of shareholders, each non-employee director who has served as a director for at least six months and who will continue to serve as a director after the annual meeting is automatically granted an option to purchase 15,000 shares of common stock. This Form 4 reports the annual stock option award granted to the reporting person in conjunction with the annual meeting of shareholders held on June 18, 2026. This option will fully vest and become exercisable on the day before the date of the 2027 annual meeting of the shareholders of Omeros Corporation, provided that the reporting person continues to serve as a director of the company through such date.
Key Figures
Options granted: 15,000 options
Exercise price: $10.28 per share
Expiration date: June 17, 2036
+1 more
4 metrics
Options granted
15,000 options
Non-employee director annual grant on June 18, 2026
Exercise price
$10.28 per share
Stock option strike price for Omeros common stock
Expiration date
June 17, 2036
Option expiration for the 15,000-share grant
Total options after grant
15,000 options
Thomas J. Cable’s direct derivative holdings following transaction
Key Terms
non-employee director compensation policy, stock option, vest, exercise price
4 terms
non-employee director compensation policy financial
"Pursuant to Omeros Corporation's non-employee director compensation policy, on the date of each annual meeting..."
stock option financial
"each non-employee director ... is automatically granted an option to purchase 15,000 shares of common stock"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vest financial
"This option will fully vest and become exercisable on the day before the date of the 2027 annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price financial
"conversion_or_exercise_price": "10.2800""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What did OMER (Omeros Corp) director Thomas J. Cable receive in this Form 4?
Thomas J. Cable received a grant of stock options for 15,000 Omeros common shares. These options are part of the company’s non-employee director compensation policy and represent compensation rather than an open-market purchase or sale of stock.
What is the exercise price of Thomas J. Cable’s new OMER stock options?
The stock options granted to Thomas J. Cable have an exercise price of $10.28 per share. This is the price he would pay to buy Omeros common stock if he exercises the options after they vest.
When do Thomas J. Cable’s OMER stock options vest?
The options will fully vest and become exercisable on the day before the 2027 annual shareholder meeting. Vesting is contingent on Cable continuing to serve as a director of Omeros through that date under the company’s policy.
How many OMER stock options does Thomas J. Cable hold after this grant?
After this grant, Thomas J. Cable holds 15,000 stock options directly. Each option relates to one share of Omeros common stock, giving him the right to purchase those shares at the specified exercise price once vested.
Is this OMER stock option grant to Thomas J. Cable routine compensation?
Yes. The footnotes state that each eligible non-employee director automatically receives options for 15,000 shares at each annual meeting. This filing reports Cable’s annual stock option award granted in conjunction with the June 18, 2026 shareholder meeting.